[Franklin Templeton: Short-Term Bonds Are the Ideal Entry Point for Investing in AI] According to Deep Tide TechFlow, on October 9, Franklin Templeton CEO Jenny Johnson stated that short-term debt issued by major tech companies offers investment opportunities in the field of artificial intelligence. This is because these companies possess strong cash flows and balance sheets. Johnson noted that the financing sources for these tech companies are not limited to traditional creditors. Currently, their debt structures also include off-balance-sheet financing tools guaranteed by large cloud computing enterprises, as well as suppliers who simultaneously act as lenders, making the overall financing structure "very complex." In contrast, holding long-term bonds exposes investors to the uncertainty risks brought by technological advancements. Johnson remarked that the AI wave has not yet fundamentally transformed traditional industries, and real productivity gains are still some time away. She pointed out that the current 2% productivity growth in the U.S. reflects the contributions of existing technologies over the past two decades, and it will take time for artificial intelligence to truly integrate into the economic system. (Jin10)